American Airlines Group, Inc. · NASDAQ:AAL

American Airlines — Q3 2022 Earnings Presentation

15 slides from American Airlines's earnings presentation, Oct 20, 2022

  1. Slide 1: American Airlines Group Inc. Quarter 2022

    American Airlines Group Inc. Quarter 2022

  2. Slide 2: Forward-looking statements

    Forward-looking statements Certain of the statements contained in this presentation should be considered forward-looking statements within the meaning of the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995.

  3. Slide 3: Introductory remarks and commercial update

    Introductory remarks and commercial update Robert Isom Chief Executive Officer

  4. Slide 4: 1/ See GAAP to non-GAAP reconciliation at the end of this presentation.

    • • • • 1/ See GAAP to non-GAAP reconciliation at the end of this presentation.

  5. Slide 5: 1/ Short-haul International consists of Mexico, Caribbean, Central America and northern South America. 2/

    • • 5 1/ Short-haul International consists of Mexico, Caribbean, Central America and northern South America. 2/ PRASM depicted.

  6. Slide 6: Financial update

    Financial update Derek Kerr Chief Financial Officer

  7. Slide 7: Note: May not recalculate due to rounding. 1/ See GAAP to non-GAAP reconciliation at

    Note: May not recalculate due to rounding. 7 1/ See GAAP to non-GAAP reconciliation at the end of this presentation.

  8. Slide 8: Total available liquidity

    • 8 1/ Total available liquidity is defined as unrestricted cash and marketable securities plus available undrawn revolver capacity and other undrawn facilities.

  9. Slide 9: Total debt

    • • • • • • 1/ Total debt includes debt, finance leases, operating lease liability and pension obligations.

  10. Slide 10: Debt repaid

    • Repaid 1/ Total debt includes debt, finance leases, operating lease liability and pension obligations. 10 2/ Source: Company filings, as of September 30, 2022. Amounts shown net of scheduled payments on amortizing debt. 3/ Source: Company filings, 2021 includes net inflows from return of PDPs.

  11. Slide 11: Fourth-quarter and full-year outlook

    Fourth-quarter and full-year outlook . 4Q22: Down ~5% to 7% Total capacity (ASMs) FY22: Down ~8% to 10% Total revenue 4Q22: Up ~11% to 13% TRASM 4Q22: Up ~18% to 20% CASM excluding fuel and net special items! ee nen 6 Oe Operating margin excluding net special items! 4Q22: ~5.5% to 7.5% Nonoperating

  12. Slide 12: Aye

    = O Aye x: Cc s 148) <—

  13. Slide 13: Reconciliation of GAAP Financial Information to Non-GAAP Financial Information

    Reconciliation of GAAP Financial Information to Non-GAAP Financial Information American Airlines Group Inc. (the Company) sometimes uses financial measures that are derived from the condensed consolidated financial statements but that are not presented in accordance with GAAP to understand and evalu

  14. Slide 14: Reconciliation of Operating Income (Loss) Excluding Net Special Items

    3 Months Ended Percent 3 Months Ended Percent September 30, Increase September 30, Increase Reconciliation of Operating Income (Loss) Excluding Net Special Items 2022 2021 (Decrease) Reconciliation of Net Income (Loss) Excluding Net Special Items 2022 2021 (Decrease) (in millions) (in millions, exce

  15. Slide 15: American Airlines

    American®, Airlines

American Airlines Group — Q3 2022 Earnings Presentation on 6ix